What’s behind the sharp drop in Bitcoin’s value? | Inside Story

Al Jazeera English published this video item, entitled “What’s behind the sharp drop in Bitcoin’s value? | Inside Story” – below is their description.

The crypto gold rush is going through another dip – but this time it’s gone so low it may not stop.

Many digital currencies have seen their value reach zero.

That’s knocked a lot of confidence out of the market, creating a domino effect reaching all the way to the top.

The mother of them all, Bitcoin, is in trouble.

Two major trading platforms have dropped it.

As investors become increasingly nervous, more have been selling off their coins.

What does that tell us about the future of the digital currency?

Presenter: Sami Zeidan

Guests

Aly-Khan Satchu, Investor and CEO at Rich Management.

Naeem Aslam, Chief Market Analyst at AvaTrade.

Brian Lucey, Professor of International Finance and Commodities at Trinity Business School.

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About This Source - Al Jazeera English

The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster based in Doha, Qatar, owned by the Al Jazeera Media Network.

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In This Story: Bitcoin

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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